BUSINESS

Zenith Bank shuts some branches over attacks, new Naira notes

Daily Dispatch February 7, 2023

Zenith Bank has closed some of its branches in the Federal Capital Territory, FCT, and some states due to alleged attacks on its staff and network. The News Agency of Nigeria, NAN, which monitored some of the bank’s branches in the FCT, and environs and other states on Tuesday, reports that

BUSINESS

IPMAN reverses decision, directs oil marketers to resume operations nationwide

Daily Dispatch February 7, 2023

In a swift volte-face, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has reversed its earlier order that its members should suspend all operations across the country. The directive overriding the initial “shut-down-of- operations” directive was contained in a two-paragraph statement by its Chairman, Alhaji Mohammed Kuluwa. Entitled: “Re: Suspension of

BUSINESS

Tax Harmonisation: FIRS signs MoU with LIRS for Joint Tax Operations and Audit

Daily Dispatch February 7, 2023

The Federal Inland Revenue Service (FIRS) yesterday signed a Memorandum of Understanding (MoU) with the Lagos Internal Revenue Service (LIRS) where the two tax authorities would collaborate on joint tax audit, investigation and automatic exchange of information. The MoU signing ceremony which took place at the State House, Marina, Lagos State, Monday was executed by the

BUSINESS

IPMAN pleads for time to comply with official pump price

Daily Dispatch February 6, 2023

The Independent Petroleum Marketers Association of Nigeria has appealed to the Federal Government for more time to sell petroleum products at the official price of N195 per litre.   Chief Joseph Akanni, Vice Chairman, IPMAN Western Zone, made the appeal on Monday in Ibadan, Oyo State. He spoke in an interview with the News Agency […]

BUSINESS

Ensure availability of new Naira, save economy, NECA tells FG

Daily Dispatch February 6, 2023

The Nigeria Employers’ Consultative Association (NECA) has urged the Federal Government to prosecute saboteurs of its policy on the redesign of the Naira notes. NECA’s Director-General, Mr Adewale-Smatt Oyerinde, made the call in a statement on Sunday in Lagos. Oyerinde also urged government to urgently ensure availability of the new Naira notes, to ease the […]

BUSINESS

Scarcity of new naira notes: ACAMB reacts, says normalcy will return soon

Daily Dispatch February 6, 2023

The Association of Corporate Affairs Managers of Banks (ACAMB) has explained that all hands are on deck to ensure that the challenges faced by Nigerians in accessing the redesigned Naira notes would end soon. The Association while seeking understanding of the banking public explained that the constraints are unintended and would be phased out soon […]